Novi Connect, a business-to-business (B2B) marketplace for sustainable, innovative ingredients and packaging, raised $40 million in a funding round led by Tiger Global. The round also saw participation from Defy.vc and Greylock, and the new funding brings Novi’s total investments to more than $51 million....
Remberg, a Munich-based customer relationship management (CRM) software maker, has raised 11 million euros ($12.58 million) in Series A financing, the startup announced Sunday (Feb. 6). The company said it plans to use the money to further expand sales, product and engineering. This most recent...
Cryptocurrency startup Aleo Systems recently raised $200 million in a Series B fundraising round that will allow the company to roll out its private, programmable Aleo blockchain network “later this year,” according to a CoinDesk report Monday (Feb. 7). SoftBank and Kora Management co-led Aleo’s...
BARQ, a Delivery-as-a-Service (DaaS) startup, has raised $4 million in its latest funding round to deliver growth, WAYA reported Monday (Feb. 7). Founded two years ago by Abdullah AlShalhoub and Ahmad Habbal, the Saudi Arabia-based company said it plans to use the cash to expand...
Venture capital firm Sequoia Capital has led a $450 million investment in blockchain network Polygon as part of a larger effort to fund Web3, CNBC reported Monday (Feb. 7). Polygon serves as a support layer to Ethereum, which itself supports the ether cryptocurrency, helping it...
U.K. venture capital firm SuperSeed has wrapped the first closing of its new fund at 31 million pounds ($41 million) targeting a final close of 50 million pounds ($67 million). The company said the fund will invest in 30 to 35 startups, focusing on firms...
ThinCats, an alternative lender based in the U.K., has secured up to 100 million pounds ($135 million) in additional funding for small- to medium-sized businesses (SMBs) through an extension of its partnership with Insight Investment. The company announced the new funding on its website Monday...
Artificial intelligence (AI)-powered fashion marketplace Taffi has raised more than $2 million in seed financing, Magnitt reported Friday (Feb. 4). Impact46 and Al-Rashed Group (ARG) led Taffi’s seed financing round, with participation from angel investors from WomenSpark, Sultan Al-Hokair, founder of the fashion retail company...
Silicon Valley artificial intelligence (AI) startup Two Platforms (TWO) was backed with a $15 million investment from India’s Jio Platforms in exchange for a 25% stake in the company on a fully diluted basis, according to a blog post from TWO on Wednesday (Feb. 2)....
